374Water Inc [NASDAQ: SCWO] gained 3.78% or 0.01 points to close at $0.31 with a heavy trading volume of 126106 shares.
The daily chart for SCWO points out that the company has recorded -68.88% loss over the past six months.
If we look at the average trading volume of 239.85K shares, SCWO reached to a volume of 126106 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 374Water Inc [SCWO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SCWO shares is $2.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SCWO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for 374Water Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 03, 2024.
The Average True Range (ATR) for 374Water Inc is set at 0.04, with the Price to Sales ratio for SCWO stock in the period of the last 12 months amounting to 67.55. The Price to Book ratio for the last quarter was 3.60, with the Price to Cash per share for the same quarter was set at 0.05.
Trading performance analysis for SCWO stock
374Water Inc [SCWO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.12. With this latest performance, SCWO shares gained by 11.71% in over the last four-week period, additionally sinking by -68.88% over the last 6 months – not to mention a drop of -75.94% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SCWO stock in for the last two-week period is set at 51.91, with the RSI for the last a single of trading hit 53.39, and the three-weeks RSI is set at 49.88 for 374Water Inc [SCWO]. The present Moving Average for the last 50 days of trading for this stock 0.3080, while it was recorded at 0.3114 for the last single week of trading, and 0.8206 for the last 200 days.
374Water Inc [SCWO]: A deeper dive into fundamental analysis
374Water Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.41 and a Current Ratio set at 4.07.
An analysis of Institutional ownership at 374Water Inc [SCWO]
There are presently around $13.43%, or 23.89%% of SCWO stock, in the hands of institutional investors. The top three institutional holders of SCWO stocks are: BLACKROCK INC. with ownership of 3.83 million shares, which is approximately 2.883%. VANGUARD GROUP INC, holding 3.42 million shares of the stock with an approximate value of $$4.1 million in SCWO stocks shares; and VANGUARD GROUP INC, currently with $$1.94 million in SCWO stock with ownership which is approximately 1.2201%.
